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In the summer of 2021, 24-year-old programmer Xiao Li, who moved to Beijing, exchanged the 500,000 yuan down payment his parents gave him for a house into a meme coin called 'SAFEOCTOPUS'. The project team claimed on X: Just holding it allows you to share all the copyright fees from Paul the Octopus's World Cup predictions, and they aim to create a decentralized prediction empire. The white paper was only 8 pages long, all filled with memes. Xiao Li bought in at $0.0008, and within 3 days it rose to $0.28, with a floating profit of 35 million. He quit his job, booked a first-class ticket to Dubai, and began posting in his social circle, 'Thanks to my parents for giving me a second chance at life.' On the 12th day, the team withdrew 99% of the liquidity using a multi-signature wallet, and the coin price plummeted to zero. At that moment, Xiao Li realized that the contract stated, 'This project is purely for entertainment; any resemblance to reality is purely coincidental.' The initial capital of 500,000 yuan, plus an additional 200,000 yuan that he chased up, evaporated overnight. Xiao Li quickly refunded his ticket and returned to his hometown. His parents still believe he earns 50,000 yuan a month in Beijing. There are no new stories in the crypto world, only new victims. No matter how good the narrative is, it cannot compete with the saying, 'Whoever holds the private key owns the money.' Before investing, ask yourself three times: Who is the exit path? Who provides the liquidity? Can I accept the worst-case scenario of going to zero? If you can answer honestly, then proceed. If not, stay away. Life is more important than money. $BTC {future}(BTCUSDT) $ETH {future}(ETHUSDT) $BNB {future}(BNBUSDT)